An EV on average requires 5 times as much copper as an ICEV. Copper
production is stuck at that level and only supports the paltry (compared to
current ICE production and the global number of ICE) global EV production.
It will be more than a decade before copper mining can reach the level
needed to keep up with the condemnation of ICE, and full production of
global EVs.

The Russians are top 3 producers of a host of other materials without which
EV production csn not be successful. The Russians are on a demographic cul
de sac and will be unable to support a fraction of current production.
Their production could go to zero if they continue their sysisiphan ways.
For copper only Chile is a volume source.

If Toyota has sussed this out, they could end up the major supplier of ICE
for a very long time.

Wondering why Toyota seems out of step? Maybe they have crunched more
comprehensive numbers. They have been correct over the years with ICE. Why
assume they suddenly have gone stupid? May be the EV production is bubblier
than many believe.

ICE make sense in certain circumstances. Hydrogen? Hard to see how that
turns out well.

On Thu, May 18, 2023, 8:01 PM Lawrence Rhodes via EV <ev@lists.evdl.org>
wrote:

>  They seem to want to go bankrupt. Their resistance to battery EVs is
> irresponsible. It is a matter of time. They can catch up  but it will take
> time. Their hydrogen side track is not helping. Lawrence Rhodes
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